Online Fee Collection with Toss Payments for Colleges
Collect college fees online using Toss Payments — tuition, hostel, exam fees, and more — automatically reconciled with student records in OpenEduCat.
Managing annual and installment billing across colleges is one of the most time-intensive tasks for finance teams. Toss Payments is one of the most reliable payment gateways for South Korea institutions — and OpenEduCat's fee management module connects to it natively. When a student pays online, OpenEduCat marks the invoice paid, posts to the general ledger, and sends a receipt — with zero manual intervention.
Why Toss Payments for Colleges?
Virtual account numbers for Korean colleges — each student gets a unique account number that parents can transfer to from any Korean bank during business or non-business hours
Fee Types You Can Collect
Every fee type relevant to colleges — each automatically reconciled with student records
Course / Program Fee
Per-program tuition collected each academic year or semester
Registration Fee
One-time enrollment fee paid at admission and re-registration each year
Lab & Equipment
Practical session fees for science, computer, or vocational labs
Hostel Fee
On-campus or affiliated hostel charges billed per semester
Placement Services
Career placement support and recruitment event fees
Certificate & Diploma Issue
Document issuance fees for certificates, transcripts, and migration certificates
How It Works
From gateway setup to auto-reconciliation — in 5 steps
Connect Toss Payments to OpenEduCat
Enter your Toss Payments API keys in OpenEduCat's Payment Gateway settings. No code required — the integration activates instantly. Test mode lets you verify the entire flow before going live.
Configure Fee Heads
Create fee heads (tuition, hostel, exam fee) in OpenEduCat's Fee Management module. Assign them to student batches, departments, or individual students. Set due dates and installment schedules.
Students Receive Payment Links
OpenEduCat generates unique payment links for each student. Links can be sent via email, SMS, or WhatsApp — or accessed directly from the Student Portal. Students pay using Kakao Pay, NAVER Pay, Toss (app).
Toss Payments Processes the Payment
Toss Payments handles all card data and transaction processing within its PCI-compliant environment. OpenEduCat never stores sensitive payment data on your servers — full PCI DSS scope reduction.
Auto-Reconciliation and Reporting
Payment confirmed by Toss Payments triggers automatic reconciliation in OpenEduCat: invoice marked paid, GL entry posted, receipt generated, and defaulter list updated. Finance staff see real-time collection dashboards — no manual matching.
Key Benefits
What colleges gain from the Toss Payments + OpenEduCat combination
Toss Payments's Native Payment Methods
Accept Kakao Pay, NAVER Pay, Toss (app), Korean Credit Cards (Shinhan, KB, Hana, Lotte, Samsung) — the methods South Korea families actually use. No redirect to external payment pages; the checkout experience stays on your institution's portal.
Automated Annual Billing
Toss Payments Billing Key for recurring Korean payment mandates. Once a student authorizes recurring payment, fees are collected automatically on the due date — reducing follow-up effort for your finance team.
Zero Manual Reconciliation
Every Toss Payments transaction is matched to a specific student, fee head, and academic period automatically. Month-end reconciliation that used to take 3–4 days takes minutes.
Compliance and Data Security
Toss Payments is PCI DSS Level 1 certified. OpenEduCat uses Toss Payments's tokenization so card data never touches your servers. Full audit trail of every payment with timestamps, amounts, and student details.
Frequently Asked Questions
How does Toss Payments connect to OpenEduCat's fee management module?
OpenEduCat has a built-in Toss Payments integration. You enter your Toss Payments API keys (publishable key and secret key) in the Payment Gateway settings page. The integration supports both Toss Payments's standard checkout and hosted payment links. No custom code or third-party plugin is required.
What fees can Colleges collect through Toss Payments in OpenEduCat?
All fee types are supported: Course / Program Fee, Registration Fee, Lab & Equipment, Hostel Fee, Placement Services, Certificate & Diploma Issue. Each fee head is configured separately in OpenEduCat so finance teams can run reports by fee category, batch, department, or academic period.
How long does it take for Toss Payments payments to settle?
Toss Payments settles funds in T+1 (standard); same-day for Toss wallet. OpenEduCat marks the student's account paid as soon as Toss Payments confirms the transaction — you don't need to wait for settlement to update the student's fee status.
Is it safe to collect college fees through Toss Payments?
Yes. Toss Payments is PCI DSS Level 1 certified — the highest certification level in the payment industry. OpenEduCat uses Toss Payments's tokenization and hosted fields, so sensitive card data never passes through or is stored on your institution's servers. Every transaction includes a full audit trail accessible from the OpenEduCat finance dashboard.
Does Toss Payments support credit card installment plans for Korean college fees?
Yes. Toss Payments supports Halbu (installment) payments on Korean credit cards from Shinhan, KB Kookmin, Hana, Lotte, Samsung, and other issuers. Students can split college annual fees into 2–12 monthly installments. Korean credit card issuers often run 0% Halbu promotions on education payments, particularly for college tuition. Toss Payments shows available installment options for the student's specific card during checkout. OpenEduCat records the full payment as received at enrollment regardless of the installment schedule.
Toss Payments Fee Collection for Other Institutions
Colleges Fee Collection with Other Gateways
Ready to Collect College Fees with Toss Payments?
See how OpenEduCat connects Toss Payments to your college's fee management — from setup to first payment in days.